SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Sees Large Decrease in Short Interest

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 18,671 shares, a decline of 98.1% from the August 31st total of 963,905 shares. Based on an average trading volume of 138,019 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Up 0.8%

BATS SEIV opened at $49.88 on Friday. The stock has a market capitalization of $872.90 million, a P/E ratio of 13.06 and a beta of 1.03. SEI Enhanced U.S. Large Cap Value Factor ETF has a 52-week low of $37.70 and a 52-week high of $51.65. The firm has a 50-day moving average price of $50.25 and a 200 day moving average price of $47.05.

Hedge Funds Weigh In On SEI Enhanced U.S. Large Cap Value Factor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Silver Grove Financial Group Inc. acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 4th quarter valued at approximately $111,000. Continuum Advisory LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the second quarter worth $129,000. Whipplewood Advisors LLC grew its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 372.0% during the first quarter. Whipplewood Advisors LLC now owns 3,601 shares of the company’s stock worth $150,000 after acquiring an additional 2,838 shares during the period. Aire Advisors LLC purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the first quarter worth $200,000. Finally, Independent Financial Group LLC purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the first quarter worth $226,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Company Profile

The SEI Large Cap Value Factor ETF (SEIV) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks that are perceived to be at a discount relative to their fair valuation. SEIV was launched on May 18, 2022 and is managed by SEI.